Rokos appoints US compliance chief and data head

Jim and Nathaniel Simons Stand Down as Co-Chairs Of Renaissance

Renaissance Technologies founder Jim Simons has named the hedge fund’s chief executive Peter Brown as sole chairman, a position many expected to go to his son Nathaniel Simons, who was named a co-chair alongside his father last year.

Father and son will stand down as co-chairs but remain on the board as directors, according to regulatory filings on Thursday. The move indicates that the elder Mr Simons is stepping up preparations to hand over the firm he founded almost four decades ago to the next generation. Renaissance runs $60bn in assets...

PGIM Fixed Income corporates chief to retire after two decades in post

PGIM Fixed Income has announced that its head of corporates, Steven Kellner, will retire in April 2022.

Kellner joined the firm in 1986 and has been head of corporate bond strategies since 1999.

He will be succeeded by portfolio managers Terence Wheat and David Del Vecchio, who will become co-heads to lead the US investment grade corporate team...

Citadel just hired a new head of quantitative development from Goldman Sachs

It's bonus week at Goldman Sachs. Somewhat rudely, one of the firm's managing directors just quit before bonuses are paid.

Philippe Derimay, a former Goldman managing director and senior strat in the trading business, has joined Citadel in New York as head of quantitative development for the global fixed income business...


Blackstone Hires Co-head From University for Hedge Fund Unit

Blackstone Group, the world’s biggest hedge fund investor, is bringing in a former endowment chief at Brown University as the co-head of its Blackstone Alternative Asset Management (BAAM) unit.

The company has hired Joe Dowling to join John McCormick who has run the $78 billion hedge fund unit since early 2018, the company confirmed on Monday...